Investors

By Laura Lovett June 5, 2018
New York-based musculoskeletal digital health platform Risalto Health has just landed $1.5 million in seed funding from Health Catalyst Capital Management, a venture capital firm focused on health companies.  The platform works as a concierge service using machine learning and AI to identify muscular and skeletal health providers in an area, such as physical therapists, doctors, and surgeons....
By Laura Lovett June 4, 2018
Correction: A previous version of this arcticle misstated the location of company. This story has also been updated with additional information.  This morning Purchase, New York-based telehealth giant Teladoc announced that it is acquiring Advance Medical, a company that specializes in virtual care, for $352 million.   The move is expected to help Teladoc grow its global market into Latin America...
By Babyforyou.net.ua June 1, 2018
Telemedicine continues to move from the peripheries of healthcare into the mainstream. Earlier this week, a national review of 145 telemedicine studies conducted by the Agency for Healthcare Research and Quality concluded that the technology likely improves access to care and has clinical benefits in acute and chronic care. This report also found less robust evidence that telemedicine in these...
By Laura Lovett May 31, 2018
It's official — Eric Carreel, cofounder of French health tech company Withings, has bought back Nokia’s digital health division two years after it was sold to the Finnish tech giant. Carreel plans to relaunch the Withings brand by the end of 2018, according to a statement. “I am delighted to start working again with the brilliant teams that made the brand such a great success,” Carreel said in a...
By Dave Muoio May 30, 2018
Today, Madison, Wisconsin-based digital respiratory health company Propeller Health announced a $20 million funding round led by a $10 million investment from Aptar Pharma. Existing investors Safeguard Scientifics, Social Capital, Hikma Ventures, 3M Ventures, and SR One comprised the other half of the round. According to a release, the new funding will be invested into the company’s digital...
By Dave Muoio May 30, 2018
Ava, the San Francisco- and Zurich-based maker of a connected menstrual cycle tracking bracelet, today announced the closure of a $30 million series B funding round. The funding was led by the company’s existing investors — which include Polytech Ecosystem Ventures, Blue Ocean Ventures, Global Sources, ZKB, and Swisscom — with new investors btov and SVC also participating. According to...
By Dave Muoio May 29, 2018
A pair of recently published market research reports have outlined upward trends among mobile health technologies. “Driven by the thriving ecosystem, SNS Telecom & IT estimates that the mHealth market will account for more than $28 billion in 2018 alone,” the market research service wrote in its latest report. “Despite barriers relating to regulation, patient acceptance and privacy concerns,...
By Laura Lovett May 25, 2018
This past quarter, Castlight Health continued to see a growth in revenue, as it looks forward to the release of its “Castlight Complete” platform, which offers customers an integrated digital health platform. Castlight announced that its total revenue was $36.5 million in Q1. That was an increase of 32 percent year-over year. The total year’s revenue is still expected to be between $150 and $155...

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By Laura Lovett May 25, 2018
Dexcom started out the year strong following the FDA clearance of its integrated continuous glucose monitor the G6. In its Q1 earnings call, the company reported a 30 percent increase in revenue compared to Q1 of 2017, bringing its total revenue to $184 million. When the FDA gave Dexcom the nod for the G6 it became the first interoperable CGM to get the designation. According to the earnings call...
By Laura Lovett May 24, 2018
Boston-based health outcomes and tech company OM1 has just announced that it raked in $21 million in a Series B financing round led by Polaris Partners with participation from existing investors including General Catalyst and 7wire Ventures. This brings the company’s total financing to $36 million, according to Crunchbase.  "Healthcare stakeholders are moving rapidly towards recognizing that...

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